Sociology Vs Psychology: What You Should Know
In today’s article, we’ll be discussing sociology vs psychology, in terms of differences, similarities, and their scope of operation. In spite of the fact that […]
Month: April 2021
What Is the Gig Economy? Definition, Pros & Cons, Trends
A gig economy is an economic transformation in which work in many sectors is becoming temporary, unstable, and patchworked. The gig economy involves the exchange […]
What Is Social Stratification? | Introduction to Sociology
Social stratification is a sociological term that applies to the ranking or grading of individuals and groups into hierarchical layers such that inequality exists in […]
What Is A Mixed Economy: What You Should Know
A mixed economy is when an economy is both command and market. In a mixed economy, the country’s government and individuals make the countries economic […]
What Is Inflation: Causes, And Effects On The Economy
What Is Inflation? Inflation is a persistent increase in the level of consumer prices or a persistent decline in the purchasing power of money, caused […]
What Is Economic Growth: Important, Measurement and Sustainability.
What Is Economic Growth? Economic growth is the process by which per capita income rises over time. Growth theory attempts to model and understand the […]
What Is Economic Recession: Causes And Way Out
An economic recession is a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP […]
What Is Economic Value: Definition, Benefits, and Example
An economic value is a value placed on a good by an individual person and which value can be expressed, at least in principle, in […]
What Are Some Of The Things That Need To Be Done To Revive The Economy
Revive economy is when a new phase of development and economic expansion after a period of crisis. In other words, when something such as the […]
Nine Main Reasons Why The World Economy Going Down
In today’s article, we’ll be discussing why the world economy going down. There are several factors that cause the world economy to be going down. […]